XAUUSD Daily Chart – Bullish Trend Intact, Momentum ModeratingTrend Structure
Price remains firmly above the rising trendline, confirming a strong medium- to long-term bullish trend.
The sequence of higher highs and higher lows is still intact.
No confirmed trendline break so far → buyers remain in control.
2. Price Action
Current price is consolidating near recent highs rather than selling off aggressively — a bullish continuation characteristic.
The latest pullback appears corrective, not impulsive.
As long as price holds above the trendline and recent higher low, upside bias remains.
3. RSI (14)
RSI is around 68, just below overbought territory.
Previous bearish divergences appeared earlier in the trend, but none are currently active.
RSI holding above 50 supports bullish momentum, though upside may slow short term.
4. Awesome Oscillator (AO)
AO remains positive, indicating bullish momentum is still present.
Histogram shows some fluctuation → momentum is moderating, not reversing.
5. MACD
MACD lines are above the zero line, reinforcing bullish market structure.
Momentum has cooled slightly, suggesting consolidation before the next directional move rather than a trend reversal.
Key Levels
Immediate Support: Rising trendline / recent higher low
Major Support: Prior consolidation zone (mid-range of the trend)
Resistance: Psychological and projected trendline extension toward the upper channel / 5,000 zone
Outlook
Bias: Bullish
Short-term: Sideways to mild pullback possible
Medium-term: Trend continuation favored unless trendline breaks decisively
Bullish continuation remains the higher-probability scenario, with any dips toward trend support likely to attract buyers.
Community ideas
Part 2 Intraday Master ClassTypes of Options
There are two primary types of options:
a) Call Option
A call option gives the buyer the right to buy the underlying asset at the strike price before or at expiry. Traders buy call options when they expect the price of the underlying asset to rise.
Buyer’s risk: Limited to the premium paid
Buyer’s reward: Potentially unlimited
Seller’s risk: Potentially unlimited
b) Put Option
A put option gives the buyer the right to sell the underlying asset at the strike price before or at expiry. Traders buy put options when they expect the price to fall.
Buyer’s risk: Limited to the premium paid
Buyer’s reward: Significant but capped by the price going to zero
Seller’s risk: Substantial
XAUUSD – Intraday retracementXAUUSD – Intraday Pullback & Continuation Setup | Lana ✨
Gold is entering a technical correction phase after testing the ATH zone, while the medium-term bullish structure remains intact. Today’s move looks more like a controlled pullback to rebalance liquidity, not a trend reversal.
📉 Current Price Behaviour
Price has reacted from the ATH supply zone, forming a short-term lower high.
The market is currently testing the rising trendline, which is a key dynamic support in this bullish cycle.
As long as price holds above structural support, the broader bias stays bullish.
This correction is technically healthy after a strong impulsive leg.
🔑 Key Technical Zones to Watch
Sell test / rejection zone: ATH area
Short-term sellers are active here, causing the current pullback.
Buy zone 1: 4495 – 4498
A former value level and trendline confluence zone, suitable for reaction buys.
Buy zone 2: 4442 – 4446
Stronger support and deeper liquidity area if the pullback extends.
These zones are where buyers are expected to step back in.
📈 Trading Scenarios
Primary scenario:
Wait for price to complete the pullback into 4495–4498, then look for bullish confirmation to rejoin the trend.
Alternative scenario:
If sell pressure increases, the 4442–4446 zone becomes the key level to watch for stronger buy reactions.
A clean hold above the trendline keeps the upside structure valid, with ATH retest as the next objective.
🌍 Fundamental Context
According to CME FedWatch, the market is pricing in a 95% probability that the Fed keeps interest rates unchanged in January.
The probability of a January rate cut remains very low at 5%.
Expectations for March also lean toward no change, with rate cuts still uncertain.
This reinforces a stable macro backdrop for gold, where pullbacks are more likely to be driven by profit-taking and positioning, rather than a shift in monetary policy.
🧠 Notes
This is a pullback within an uptrend, not a bearish reversal.
Focus on buying value, not chasing highs.
Let price confirm at key zones before entering.
✨ Stay patient, respect the structure, and let the market come to your levels.
SONACOMS LONGHi everyone, Hope you are having a Gooday.
The vcp trader is back with a new trade idea.
The stock name is SONACOMS
Trade Idea: SONACOMS Long Position
Instrument: SONACOMS
Time Frame: Daily
Trade Type: Long
The price of SONACOMS has recently shown bullish momentum and is approaching a favorable entry point. Currently trading at 729, the stock is poised to test the next resistance level at 790 and eventually surpass the all time highs in the coming months. The support level at 702 provides a solid base for the stop loss, ensuring a controlled risk if the trade does not go as planned.
This is a and the stock is set to reach new highs.
The chosen entry point of 729 is set to capture the potential upward movement as the price continues to build on its bullish trend. The stop loss is strategically placed at 702 to limit potential losses, while the take profit target at 790 aligns with the historical resistance level, offering a risk-reward ratio of 1:2.5, which is favorable for this trade setup.
DISCLAIMAR- This is not a financial advice, Please consult your financial advisor before taking any trades.
RaW^
Binance Ready to Fly ?
Hi there, VCP Trader here with another exciting idea—this time on an amazing crypto: Binance Coin (BNB)! Let's dive into the charts.
I’m a big fan of trading contractions, as they offer a very favorable risk-to-reward setup. I particularly love watching price action squeeze into tight consolidations—it’s like the candles have no space left to move!
This chart speaks volumes. There are three distinct bases in total, and we’re currently sitting in the 3rd base. As long as we stay above the point of polarity (the level below which sellers would regain control), this setup remains in play.
Let’s talk about cause and effect, a simple yet powerful concept in trading. The cause here is the prolonged consolidation phases (bases) forming structure. And what follows? The chart is screaming for an effect—a potential explosive breakout!
Key Highlights:
Potential Target: $1,200 for Binance Coin.
Critical Level: $500—BNB needs to close below this lever for at least two consecutive weekly for the idea to be invalidated.
Patience Pays Off: I’d love to see more consolidation here to let the base mature. The tighter the contraction, the bigger the move!
What do you think? Let me know your thoughts, and let’s keep sharing and growing as traders. 🚀
Much love,
VCP Trader 💚
IDBI BANK LONGIDBI BANK is looking good on the monthly, weekly and daily chart. The stock has been trading around 100 levels, marking the pivot around these levels. The 3 legs of the vcp has been formed and now the stock is ready to move higher from here. Traders can use the stop loss around 96-97 and can target the levels shown in the diagram. Expect minimum 10-20 percent gain in less than a month.
Chalet hotels BASE of 10 months (Whats Brewing ) Hope you’re doing well!
The VCP trader is back with a new idea. The attached chart is of Chalet Hotels, and as we can see, there’s a solid base formation on the daily timeframe—this base has been developing for 10 months.
As VCP traders, our task after identifying the base is to spot the three legs of the pattern. The three legs of the VCP are marked on the chart, and we are currently on the third leg. Additionally, we’ve spent some time consolidating near the top, which is a positive sign. I expect Chalet Hotels to break out from this base within a month, potentially hitting new all-time highs as indicated on the chart. These targets are calculated based on the height of the base.
Another encouraging sign is the volume contraction visible from the left side of the chart to the right. This indicates that the stock has been resting and is now preparing for a momentum phase.
Keep an eye on the point of control (marked by the blue line); if the stock falls below this level, the idea will be invalidated. The anticipated targets are the round number of 1000, followed by 1050, and finally 1100.
That’s all for now. Until next time!
That VCP Trader
Senores PharmaSENORES PHARMA has been consolidating on the daily range for almost 2 months now. Price has tried to break the 820 region multiple times now and we can see the three legs of the vcp in the chart. After calculating the current base length we can determine that the stock if broken out should move at least 8-10 percent which will also be the new ALL TIME HIGH for the stock. Estimated time taken for this to happen is less than 2-3 weeks. If the stock breaks the 785 region our idea will get negated.
CARRARO INDIA LONG Carraro India has formed a nice base with 3 legs of the vcp and has been contracting since the last 45 days. Moreover the volumes are negligible showing contraction phase in the chart. Expecting the price to move towards 600 in the coming days. We will enter this with a stop loss of 539. Let's see how it goes.
Part 1 Intraday Master Class What Is Option Trading?
An option is a financial derivative contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (called the strike price) on or before a specific date (known as the expiry date). The seller (or writer) of the option, on the other hand, has the obligation to fulfill the contract if the buyer chooses to exercise the option.
Option trading involves buying and selling these contracts in the derivatives market. In India, options are commonly traded on stocks and indices such as NIFTY, BANK NIFTY, and FINNIFTY.
AUSTRALIA 200 LONGHey traders, Hope you are having a good trading week.
AUS200 – VCP (30-Min)
Price is forming a clean 3-leg Volatility Contraction Pattern after the prior move.
Each successive leg shows clear contraction in range and volatility, indicating supply absorption near the top of the base.
The third leg is the tightest, positioning price for expansion.
Risk:
Stop-loss: 8665 (below the 3rd-leg low)
Target logic:
On resolution, price is expected to expand by the depth of the base, projected from the breakout zone — consistent with classical VCP behavior.
Structure remains valid as long as the defined risk holds.
Part 12 Trading Master Class With Experts Option trading is one of the most dynamic and flexible forms of trading in the financial markets. Unlike conventional stock trading, where investors buy or sell shares of a company, options offer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specific time frame. This feature makes options a powerful tool for hedging, speculation, and income generation.
At its core, an option is a contract between two parties: the buyer and the seller. The buyer pays a premium for the right to exercise the option, while the seller assumes the obligation to fulfill the contract if the buyer chooses to exercise it. Options are classified mainly into two types: call options and put options.
Call Options: Give the holder the right to buy the underlying asset at a predetermined price, called the strike price, before or on the option’s expiration date. Investors purchase call options when they anticipate the underlying asset’s price will rise.
Put Options: Give the holder the right to sell the underlying asset at the strike price within a specific period. Put options are typically bought when traders expect the asset’s price to fall.
Technical pullback in uptrend, waiting for discount buy.Market Context (H1)
After a strong impulsive rally, gold is entering a short-term corrective and liquidity-absorption phase. The current decline is technical in nature, following rejection from the upper resistance zone, and does not signal a trend reversal at this stage.
From a fundamental standpoint, the broader macro backdrop remains supportive for gold, with cautious monetary policy expectations and sustained safe-haven demand. As a result, downside moves are still viewed as corrective pullbacks rather than the start of a bearish trend.
Structure & Price Action
H1 market structure remains bullish as long as key demand lows are not broken.
Price is pulling back from supply and rotating toward lower demand + Fibonacci confluence zones.
No confirmed bearish CHoCH so far → bias remains pullback for continuation.
Upper zones remain valid liquidity targets once bullish momentum resumes.
Trading Plan – MMF Style
Primary Scenario – Trend-Following BUY
Priority is to wait for price to retrace into discounted areas and only BUY after clear bullish reactions and structure protection.
Preferred BUY Zones:
BUY zone 1: 4,600 – 4,580 (short-term demand + balance area)
BUY zone 2: 4,560 – 4,550 (major demand + deep Fibonacci retracement)
Note: Avoid FOMO while price is correcting mid-range.
Upside Targets:
TP1: 4,616
TP2: 4,637
TP3: 4,676 (upper resistance / extension target)
Alternative Scenario
If price fails to pull back deeply and breaks and holds above 4,637, wait for a retest to look for continuation BUY setups in line with the trend.
Invalidation
If an H1 candle closes below 4,550, the short-term bullish structure is invalidated. Stand aside and reassess for a new market structure.
Summary
Gold’s primary bias remains bullish. The current downside move is a corrective pullback following short-term distribution. The MMF approach favors patience and buying at discount zones, trading in alignment with the dominant trend rather than chasing price.
XAU/USD Technical analysisGold remains in a **broader bullish structure**, but near-term price action is corrective and volatile.
**Trend & Structure (1H / 5M):**
* Price is holding **above key demand at 4,580–4,590**, indicating buyers are still defending the trend.
* The broader structure remains **higher highs & higher lows**, but momentum has slowed near resistance.
* Short-term recovery from the recent dip suggests a **pullback within an uptrend**, not a trend reversal yet.
**Key Levels:**
* **Immediate Resistance:** 4,615 → 4,650 (supply zone / previous highs)
* **Support:** 4,590 → 4,580 (intraday demand)
* **Major Support:** 4,550 (trend invalidation if broken)
**Indicators:**
* **RSI:** Recovering from oversold levels, showing bullish divergence → supports bounce scenario.
* **Stochastic RSI:** Overbought on lower timeframe, hinting at possible short-term consolidation.
* **Moving Averages / VWAP:** Price is attempting to reclaim short-term averages, which is constructive if sustained.
**Bias:**
* **Bullish above 4,580** with consolidation
* **Break and hold above 4,650** opens continuation toward new highs
* **Failure below 4,580** may trigger a deeper correction toward 4,550
**Summary:**
Gold is in a **healthy consolidation phase after a strong rally**. As long as price holds above key demand, dips are likely to attract buyers, while upside confirmation requires a decisive breakout above resistance.
Understanding Symmetrical Triangles in Long-Term Uptrends📐 What is a Symmetrical Triangle?
A symmetrical triangle is a chart pattern formed when price action creates a series of lower highs and higher lows, converging into a triangle shape. It represents a period of consolidation where neither buyers nor sellers dominate. The narrowing range signals that a decisive move is approaching.
Key characteristics:
Converging trendlines: One sloping downward (resistance) and one sloping upward (support).
Volume contraction: Trading activity often decreases as the pattern develops.
Breakout potential: The eventual breakout tends to align with the prevailing trend.
📈 Importance in a Long-Term Uptrend
When a symmetrical triangle forms during a long-term uptrend, it is often considered a continuation pattern. This means:
The consolidation is a healthy pause before the next leg higher.
A breakout to the upside confirms renewed buying interest.
Traders view it as an opportunity to enter fresh positions with the trend.
In the case of Angel One, the weekly chart shows the stock forming a near-perfect symmetrical triangle after a sustained uptrend, which is a textbook setup for potential bullish continuation.
🔄 RSI Hovering Between 40–60: What It Means
The Relative Strength Index (RSI) is a momentum indicator.
When RSI hovers between 40 and 60, it reflects a sideways or consolidating market.
This range suggests neither overbought nor oversold conditions.
In the context of a triangle, it confirms that price is coiling and waiting for a trigger.
This RSI behavior aligns perfectly with the idea of consolidation before a breakout.
🚀 Potential Breakout on the Positive Side
If the breakout occurs above the upper trendline:
It signals trend continuation.
Volume expansion should accompany the breakout for confirmation.
The measured move (target) is often calculated by taking the widest part of the triangle and projecting it upward from the breakout point.
For Angel One, a breakout above resistance could invite strong buying interest and push the stock into new highs.
🎯 Entry Management
Wait for confirmation: Enter only after a decisive close above the resistance line.
Volume check: Ensure breakout is supported by higher-than-average volume.
Staggered entries: Consider scaling into positions rather than going all-in at once.
⚖️ Risk Management Criteria
Stop-loss placement: Just below the lower trendline or recent swing low.
Position sizing: Risk only a small percentage of capital per trade (commonly 1–2%).
Avoid false breakouts: If price fails to sustain above resistance, exit quickly.
🧠 Traders’ & Investors’ Takeaways
For traders: Symmetrical triangles in uptrends are high-probability setups for continuation trades. Patience is key—wait for breakout confirmation.
For investors: Recognizing consolidation patterns helps avoid premature exits. A breakout signals renewed momentum, often leading to fresh highs.
For both: RSI between 40–60 is a healthy sign of consolidation, not weakness.
Candle Patterns Knowledge Candlestick patterns zoom in and show you immediate price behavior — the battle happening inside intraday or single-session price movement.
Candles reveal:
1. Momentum
2. Rejection
3. Strength of buyers/sellers
4. Trend continuation or reversal
5. Low-risk entries and exits
COMMON MISTAKES TO AVOID
Trading every pattern without context
Ignoring volume confirmation
Not waiting for candle close
Using patterns in low-liquidity markets
Overtrading inside small timeframes
Neglecting market trend
Placing stop losses too tight






















